Ikanos Delivers Up to 200 Mbps Over Copper with Velocity™-3 Solution

FREMONT, Calif., October 11, 2012 — Ikanos Communications, Inc. [NASDAQ:IKAN], a leading provider of advanced broadband semiconductor and software products for the digital home, today announced its newest broadband technology solution, Velocity™-3, a fully integrated Vectored VDSL chipset and software solution offering a leap forward performance for delivering broadband to the digital home. Ikanos’ vectoring solution enables carriers to deliver bandwidth-intensive services such as high definition television (HDTV), high speed Internet, bandwidth-rich cloud content access, Voice over IP (VoIP) and more – at approximately 1/10th the cost of deploying a pure fiber solution to individual home.

“With Velocity-3, we are delivering the broadband ‘holy grail’: fiber speeds for a fraction of the cost of deploying fiber to individual homes,” according to Omid Tahernia, chief executive officer at Ikanos. “Carriers benefit by super-charging their existing one billion copper line infrastructure, while satisfying consumers’ needs for ever-increasing bandwidth applications.”

This performance breakthrough is made possible with Ikanos’ NodeScale™ Vectoring technology. Supporting up to 384 copper lines in a fiber terminated installation (FTTx), Velocity-3 identifies and cancels VDSL crosstalk from all lines in the vectored group, independent of binder, cable or chassis, increasing rate, reach, robustness and reliability.

“Due to the random nature of crosstalk which occurs throughout the entire cable
bundle, the potential of VDSL2 performance can only be realized when full Node-Level vectoring is applied across all the cables connected to the node,” according to Han Yufa, general manager of the Access Network Product Line for Huawei, one of the world’s largest providers of fixed access network solutions. “Huawei’s target is to protect the customer’s investment by eliminating the crosstalk of the existing copper plant using a flexible and future-proof architecture. We have been working with Ikanos for the past two years and now we are glad to see Velocity-3’s achievement on its way.”

Velocity-3 is a comprehensive and scalable solution for both pre-existing (brown-field) and next generation (green-field) network deployments. Node Scale Vectoring enables carriers to realize the benefit of vectoring across their entire fiber to the node (FTTN) networks, while the same solution can also be used in smaller Fiber-to-the-curb (FTTC) and Fiber-to-the-building (FTTB) environments.

As the industry’s first fully integrated vectored VDSL chipset solution, Velocity-3 will be showcased at the Broadband World Forum (BBWF) in Amsterdam October 16 – 18 (Booth B3).

About Ikanos Communications, Inc.

Ikanos [NASDAQ:IKAN] develops semiconductor and software products to provide very high speed broadband to the digital home with maximum efficiency – delivering high bandwidth needed for in-demand applications such as HDTV and high speed Internet services at a small fraction of the cost of deploying fiber to the home. With more than 400 million ports shipped to date, the company’s advanced technologies include broadband DSL communications processors and NodeScale Vectoring to cost-effectively power infrastructure and customer premise equipment and accelerate throughput for many of the world’s leading network equipment manufacturers and telecommunications service providers.

This press release contains forward-looking statements that are subject to risks and uncertainties concerning Ikanos Communications, including statements regarding the anticipated benefits of our products. Actual events or results may differ materially from those described in this document due to a number of risks and uncertainties. These potential risks and uncertainties include, but are not limited to, macroeconomic conditions which may cause our customers to defer purchasing plans, our ability to deliver full production releases of our newer products and the acceptance of those products by our customers, the continued demand by telecommunications service providers for specific xDSL semiconductor products, the failure of service providers to implement deployment plans on schedule or at all, our continued ability to obtain and deliver production volumes of new and current products and technologies, our ability to generate demand and close transactions for the sale of our products, and our ability to develop commercially successful products as a result of our current research and development programs. In addition, for a more extensive discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the section entitled “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 1, 2012 filed with the Securities and Exchange Commission (SEC) on February 23, 2012 and our Quarterly Report on Form 10-Q for the fiscal quarter ended July1, 2012 filed with the SEC on August 2, 2012, as well as other reports that Ikanos files from time to time with the SEC. Ikanos is under no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release.

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